New Zealand’s housing market recovery slowed last month, with a smaller-than-expected lift in new spring sales. The number of house sales rose to 5,235 in September, up 21 per cent from the same month a year ago, but just 43 higher than in August, according to the Real Estate Institute.
On a seasonally adjusted basis, that’s down 2.3 per cent. The national median house price fell $5,000 to $350,000 in September……………………………………….Full Article: Source